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Trump Urges Mamdani to ‘Cherish’ Billionaires

May 12, 2026 · 11:34 am ET · Leave a Comment

President Trump urged New York City Mayor Zohran Mamdani to “cherish” billionaires like Ken Griffin after the Citadel CEO threatened to bolt from a Park Avenue skyscraper project and move to Miami in response to the socialist mayor’s attacks, the New York Post reports.

Said Trump: “When you lose people like that, it’s sort of not recoverable.”

He added: “Always you say something’s recoverable, right? But it’s not recoverable. Then they build something else. They’re going to be there for 30 years. They don’t come back. And you’ve got to do the opposite. You’ve got to cherish them.”

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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